It's not just the weakness in U.S. stocks this time. The dollar is falling (against major currencies) at the same time, and money is flowing out of the U.S..
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 9 total Norihiro Fujito quotes in our collection. Norihiro Fujito is known for saying 'It's not just the weakness in U.S. stocks this time. The dollar is falling (against major currencies) at the same time, and money is flowing out of the U.S..' as well as some of the following quotes.
The dollar gained some ground against the yen after Japan's apparent intervention early this morning. That's something that makes the market feel good.
It's not just the weakness in U.S. stocks this time. The dollar is falling (against major currencies) at the same time, and money is flowing out of the U.S..
The accounting problems in the U.S. seem to have crossed a significant hurdle on Wednesday, and the external pressures on the Japanese market in general have probably peaked.
We're starting to see some companies that are struggling significantly in the technology industry. With earnings being in focus this week, they may suffer selling.
In contrast to the year-end rally here driven by real estate and other domestic plays, taking a lead now are stocks which have a high correlation with the Nasdaq market.
This quote is just one of 9 total Norihiro Fujito quotes in our collection. Norihiro Fujito is known for saying 'It's not just the weakness in U.S. stocks this time. The dollar is falling (against major currencies) at the same time, and money is flowing out of the U.S..' as well as some of the following quotes.